see url COLI has been utilized by 75% of the Fortune 1000, it has been around for nearly 100 years, and it can generate millions of tax free dollars and much more. Until recently, few outside the Fortune 1000 have heard of the program or could afford it. Companies like IBM utilize the program, and carriers like Pacific Life provide coverage. Small businesses and medical practices can now participate via our banking relationships to fund COLI premiums at current market rates (approx. 3%). Employers can insure their employees who are earning over $75,000 per year and they receive tax-free benefits from the COLI program. Policies are permanent regardless of the employee’s employment status. The business chooses which employees participate and have different vesting/retirement payout schedules as well as immediate death benefit amounts. Banks seek out this type of investment with low-risk clients such as successful medical practices or physician groups.